Integra has strong track record of discovery success within its tenements, and will maintain an active exploration program to further expand the current resource and reserve base at the Randalls Project, and more broadly within its tenements.
 
The Company has established a $23 million exploration budget for the 2011/12 financial year, which will be allocated towards:

• ongoing aggressive drilling at the new Majestic discovery, located 22km north of Salt Creek, with a view to establishing a JORC reserve and confirming the potential of this discovery as a future satellite source of open pit ore feed;
• ongoing drilling to confirm the depth extensions of the Maxwells, Santa and Cock-eyed Bob deposits to underpin the Phase II expansion to 140,000 ounces; and
• regional drilling to test new conceptual targets at the Aldiss Project which have been developed using state-of-the-art 3D modelling in conjunction with the CSIRO.

With project development imminent, Integra’s ability to realise the value of any additional discovery is excellent.